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Pa. braces for largest health insurance failure in U.S. history

Who pays for all the chain nursing homes that have spread across the U.S. as baby boomers age? Old folks, if they saved. Their loved ones, when they can afford it.

Penn Treaty American Corp. was seized by regulators as its assets exceeded its liabilities by $226 million.
Penn Treaty American Corp. was seized by regulators as its assets exceeded its liabilities by $226 million.Read more